Osram
OVERALL |
|
Owned |
GER |
Rating |
 |
Lighting products manufacturer
Founded in 1906, today they have 46 production facilities in 17 countries.
Company Ownership
| Osram GmbH | GER | website | ||||
Siemens AG 
owns 100% of Osram GmbH |
GER | website | ||||
Engineering firm One of the largest electronics and industrial engineering firms in the world. | ||||||
Company Assessment
| PRAISE | CRITICISM | INFORMATION | ||
| Osram GmbH | ||||
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This company received an S&P Global ESG Score of 81/100 in the Electrical Components & Equipment category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
[Source 2019][More on Sustainability Reporting]
In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B-.
[Source 2019][More on Climate Change]
This website by German NGO Earth Link rates companies on their corporate policies against child labour, production monitoring and accusations of child labour. This company received at least one green mark, and no red marks, indicating good performance in one or more of these areas.
[Source 2013][More on Human Rights]
In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of B-.
[Source 2019][More on Human Rights]
The 2020 Global 100 Most Sustainable Corporations in the World list is an extensive data-driven corporate sustainability assessment. The ranked companies are leaders in the field of a sustainable business approach. The efficiency of a company's energy, water, CO2 and waste management is measured in relation to its total sales volume. The disclosure of that information is a pre-condition for the assessment. Of the 130 companies in its peer group, this company ranked #1.
[Source 2020][More on Sustainability Reporting] |
This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
[Source 2019][More on Multi-Stakeholder Initiatives]
This company has a number of sustainability claims on its website.
[Source 2013][More on Sustainability Reporting] |
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| Siemens AG | ||||
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In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of A-.
[Source 2019][More on Climate Change]
This company received a score of 85.3/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
[Source 2017][More on Sustainability Reporting]
This website by German NGO Earth Link rates companies on their corporate policies against child labour, production monitoring and accusations of child labour. This company received at least one green mark, and no red marks, indicating good performance in one or more of these areas.
[Source 2013][More on Human Rights]
In 2019, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security Score of B-.
[Source 2019][More on Human Rights]
The 2020 Global 100 Most Sustainable Corporations in the World list is an extensive data-driven corporate sustainability assessment. The ranked companies are leaders in the field of a sustainable business approach. The efficiency of a company's energy, water, CO2 and waste management is measured in relation to its total sales volume. The disclosure of that information is a pre-condition for the assessment. Of the 13 companies in its peer group, this company ranked #2.
[Source 2020][More on Sustainability Reporting]
This company received an S&P Global ESG Score of 79/100 in the Industrial Conglomerates category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
[Source 2019][More on Sustainability Reporting] |
This company received a score of 5.5/100 (retrieved 25-Feb-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and water pollution. Scores are calculated using government compliance data, online monitoring data, and third-party environmental audits, as well as trends in the environmental performance of factories in the company's supply chains.
[Source 2020][More on Habitats]
The 2018 update of the International Campaign to Abolish Nuclear Weapons' (ICAN) global report, "Don't Bank on the Bomb" showed that 329 financial institutions from around the world invested into 20 companies involved in the production, maintenance and modernization of nuclear weapons. Since 2014 this financial institution invested over US$134 million into 1 of the 20 nuclear weapons producers named in the report.
[Source 2018][More on Nuclear]
The Chinese government has facilitated the mass transfer of Uyghur and other ethnic minority citizens from the far west region of Xinjiang to factories across the country. Under conditions that strongly suggest forced labour, Uyghurs are working in factories that are in the supply chains of at least 83 well-known global brands in the technology, clothing and automotive sectors, including brands owned by this company. The Australian Strategic Policy Institute's 2020 report estimates (somewhat conservatively) that more than 80,000 Uyghurs were transferred out of Xinjiang to work in factories across China between 2017 and 2019, and some of them were sent directly from detention camps.
[Source 2020][More on Workers Rights]
In 2008, following a string of high-profile bribery scandals, Siemens agreed to a record $1.6bn legal settlement with American and European authorities. In 2016 Siemens paid US$43 million in Israel over bribery charges, and in 2015 a former Siemens finance officer admitted to paying $100 million in kickbacks to government officials in Argentina.
[Source 2016][More on Governance]
In 2015 an American subsidiary of this company agreed to pay US$5.9 million to resolve an investigation into the overcharging of the federal government for purchases of medical imaging equipment.
[Source 2015][More on Finance] |
The Poisonous Pearl is a 2016 report by Good Electronics which focuses on the experiences of (former) workers in the electronics industry in China who are victims of chemical poisoning. The health of all the workers in the report was damaged by exposure to hazardous chemicals such as benzene and n-hexane. All were working in large or small factories in the Pearl River Delta-region of China, an area well known as being a global hub for the production of consumer electronics (ICT). This company is supplied by factories in the region.
[Source 2016][More on Workers Rights]
This company appeared sixth on RepRisk's top ten "most environmentally and socially controversial companies of 2009". Companies on the list were severely criticised during 2009 by the world's media, governments and NGOs. [Listed under Information due to age of report]
[Source 2010][More on Human Rights]
As listed on the We Mean Business website, this company has committed to the following climate action initiatives: report climate change information in mainstream reports as a fiduciary duty; develop low carbon action plan.
[Source 2017][More on Climate Change]
This company is a member of the Responsible Minerals Initiative (formerly the Conflict-Free Sourcing Initiative), which helps companies address conflict minerals issues in their supply chains. The RMI provides information on conflict-free smelters and refiners, common tools to gather sourcing information, and forums for exchanging best practices on addressing conflict minerals. Membership is open to companies that use or transact in tantalum, tin, tungsten or gold (3TG). Founded in 2008 by members of the Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative.
[Source 2019][More on Multi-Stakeholder Initiatives]
The United Nations Global Compact asks companies to embrace, support and enact, within their sphere of influence, a set of 10 values in the areas of human rights, labour standards, the environment, and anti-corruption. However it's non-binding nature has been widely criticised, and many signatory corporations continue to violate the Compact's values.
[Source x][More on Sustainability Reporting]
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
[Source 2016][More on Human Rights] |
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Company Details
| Revenue | €5.4 billion in 2012 |
| # Employees | 39,000 in 2012 |
| Subsidiaries | Osram Australia Pty Ltd |
Contact Details
| Address | Munich, Germany |
| webmaster@osram.com | |
| Website | www.osram.com |
Products / Brands
Osram Australia|
Osram Light Globes |